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BusinessToday.In
September 22, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also stepped down from the board of IL&FS Financial Services.


Renu Yadav
September 21, 2018
Some of the banking as well as housing finance companies stocks saw severe beating today which dragged the markets down. Among housing finance companies, Dewan Housing Finance (DHFL) stock was the worst performing.


Reuters
New Delhi, September 21, 2018
The row has erupted amid heightened debate about user privacy and how technology firms treat data in India and abroad.


PTI
New Delhi, September 21, 2018
The 30-share index cracked 1,127.58 points, or 3 per cent, to hit an intra-day low of 35,993.64 Friday. It, however recovered most of the losses within minutes of the fall.


BusinessToday.in
New Delhi, September 21, 2018
Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. Benchmark indices finished with losses Friday after investors were jolted by a sudden mid-session plunge amid a massive sell-off in NBFC stocks. The BSE Sensex, which opened on a strong footing, suddenly tanked 1,127.58 points, or 3.03 per cent, to hit a low of 35,993.64 in afternoon trade, before staging an equally sharp recovery within minutes.


Easwara Narayanan
September 21, 2018
 Increasing proliferation of vehicles and stagnant capacity of roads have made driving on Indian roads, a nightmare, not to speak of the poor condition of roads and pathetic levels of discipline in driving.


BusinessToday.in
New Delhi, September 21, 2018
The Sensex and Nifty crashed in afternoon trade today amid heavy selling in housing finance companies stocks. NBFC stocks crashed and spooked Sensex and Nifty which fell nearly 1,128 points and 368 points, respectively. However, the indices later recovered on management of these companies allaying concerns over their financial position. Watch BusinessToday.In video.


BusinessToday.In
September 21, 2018
What brought on the heavy selling in the stocks of non-banking finance companies (NBFCs)? Blame it on tightness in the money market and investor concerns over rising cost of borrowing for the companies amid continuing financial crisis at IL&FS.


BusinessToday.In
September 21, 2018
The Dewan Housing Finance stock fell up to 60 per cent or 364 points in trade today which spurred heavy selling in other housing finance stocks.


BusinessToday.In
New Delhi, September 21, 2018
According to Gorman, the rupee's depreciation is not a reflection of poor economic management, rather an \"unfortunate consequence\" of external factors.


BusinessToday.In
September 21, 2018
The stock of Dewan Housing Finance fell 59.67% or 364 points to a new low of 246.25, the most among the NBFCs.


BusinessToday.In
September 21, 2018
However, the indices later recovered on management of these companies allaying concerns over their financial position.


BusinessToday.In
New Delhi, September 21, 2018
The critical payments data collected by them (foreign payments companies) is being processed and stored outside of India, which can have severe security implications in case of a data breach, Paytm writes to the NCPI.


PTI
New Delhi, September 20, 2018
Fitch said it believes that a disorderly Brexit (UK exiting from European Union) could significantly disrupt JLR's supply chain and affect the company's earnings and cash generation.


Naveen Kumar
September 20, 2018
Interest rates on government securities have been rising for quite some time but the government did not hike the interest rates in last quarter which started from June.


PTI
September 20, 2018
The country's largest lender State Bank of India on Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected last year.


Reuters
New Delhi, September 20, 2018
Iran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 per cent stake in Chennai Petroleum, which has two refineries with a total combined capacity of 230,000 barrels of oil per day.


Mudit Kapoor
New Delhi, September 20, 2018
The forex reserves have been declining in the past few weeks as the Reserve Bank is selling the US dollar to contain rupee depreciation


BusinessToday.In
September 20, 2018
The Realme brand has made a name for itself in the smartphone industry within a short period of time. The company has launched two smartphones up till now and both are targeted at the budget segment.


Reuters
Beijing, September 20, 2018
In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to home appliances as part of efforts to open up its economy, the world's second biggest.


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